The National Insurance Commission (NAICOM) has approved the
appointment of Ademola A. Abidogun as the substantive Managing
Director/Chief Executive Officer of Guinea Insurance PLC.
The approval came in a letter dated November 8, 2019, captioned
Final Approval to Appoint Mr. Ademola A. Abidogun as the Substantive
Managing Director/CEO of Guinea Insurance PLC.
In a statement by the Chairman, Board of Directors of the company,
Barrister Godson Ugochukwu, Mr. Abidogun brings to Guinea Insurance
PLC, 24 years experience in providing strategic and operations
leadership in uniquely challenging situations in the insurance
Guinea Insurance Plc
He is a seasoned professional with inestimable depth and wealth of
technical experience acknowledged industry-wide. His combined expertise
in marketing, insurance broking, underwriting/claims administration, oil
and gas, banking, telecoms, reinsurance, product development, business
risk advisory, special risks and strategic planning, offer a formidable
springboard for relaunching the Company’s propensity to act and hence,
develop and implement sustainable plans for long-term growth and
shareholder value creation. Prior to his appointment, Ademola had
championed the affairs of many companies in the insurance industry; the
most recent being: Fin Insurance Company Limited, where he served as
Executive Director, Technical/Operations and Ag. Managing Director.
At Cornerstone Insurance PLC, he pioneered the Bancassurance/Retail
team as Assistant General Manager. He holds a Master of Science degree
in Business Administration from Rivers State College of Science and
Technology (2007); He is an alumnus of the prestigious London and Lagos
Business Schools as well as the University of Texas. As an erudite
insurance professional; he has attended numerous management courses and
seminars both locally and internationally.
In a related development, the 61st Annual General Meeting
of the Company holds on Wednesday, November 20, 2019 in Uyo, Akwa Ibom
State; and as consistent with the conduct of annual general meetings,
Mr. Ademola Abidogun’s appointment as Managing Director/Chief Executive
Officer, will be ratified following the resolution by shareholders of
Guinea Insurance PLC at the forthcoming annual general meeting.
Culled from Business Journal